[ad_1]
Canada averaged 174 active drilling rigs this week according to data from the Canadian Association of Energy Contractors.
Of those rigs, 30% are drilling for natural gas, 59% are drilling for oil, 2% for other (helium, hydrogen, geothermal, or potash), and 9% are moving. Drilling activity by province is 70% in Alberta, 21% in Saskatchewan, 7% in BC, and 2% in Manitoba.
Precision Drilling holds the majority of the Canadian market share with 34%, Ensign Drilling with 24%, Savanna Drilling with 9%, and Horizon Drilling with 6%.
View a full breakdown of Western Canada’s rig activity.
[ad_2]
You can read more of the news on source
